Infotainment

Incredible 2,300-year-old Roman coin

Incredible 2,300-year-old Roman coin
June 9 (Agencies) | Publish Date: 6/9/2019 12:29:23 PM IST

 A stunning gold coin emblazoned with the face of Roman Emperor Allectus - the first Brexiteer who took Britain out of the Roman Empire - has sold for a staggering £550,000. The incredibly rare coin was found by an unnamed treasure hunter as he searched a newly-ploughed field next to an old Roman road near Dover, Kent. It was purchased by an enthusiast, also unnamed, and is worth far more now than it was when it was minted 1,700 years ago. 

Known as an Aureus, the 24 carat gold coin has just one matching example in the world which is in the British Museum and is thought to have been worth 25 pure silver dinarii. The coin depicts a noble-looking Allectus on one face and on the flip side has two captives kneeling at the feet of Apollo.  When it was found in April this year, experts expected it to sell at auction for £100,000 ($130,000), a fraction of what it sold for today. The 30-year-old finder initially thought the coin was fake due to its condition until it weighed in at a hefty 4.31 grams - confirming its provenance. It dates back to 293AD and the reign of Emperor Allectus - the first Brexiteer who took Britain out of the Roman Empire. The coin, the first Allectus example to be discovered in 50 years, is roughly the size of a one penny piece.

Allectus ruled in Britain and northern Gaul from 293 to 296AD. He is best known for his attempts to lead a rebel empire, effectively annexing Britain from Rome. He has been dubbed by many as a ‘Brexiteer of his day’ and was assassinated in battle in 296AD. He is best known for his to attempts to lead a rebel empire, effectively annexing Britain from Rome.

He has been dubbed by many as a ‘Brexiteer of his day’ and was assassinated in battle in 296AD. Nigel Mills, of a coin consultant from Dix Noonan Webb, said: “This is an amazing find and is one of the finest condition coins out there”.

It can be sold as under the existing Treasure Act single gold coins do not count as treasure and as such the coroner does not have to be notified. The are controversial plans to revise the current legislation that include redefining single gold coins as treasure upon their discovery. 

(Joe Pinkstone for mailonline)

 

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